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Tips from an insider: Five innovative tech startups

We asked Pär Hedberg at the business incubator STING to identify five hot startups to keep a close eye on. Here is the list.

Pär Hedberg, CEO of business incubator STING (Stockholm Innovation and Growth), said the main trends include services for personal finance and 3D printing.

The Internet of Things, a network that connects devices – from sneakers to industrial oil-drilling equipment – and runs the information they provide through big data-analyzing software, also continues to gain attention.

"Generally, we have a good feeling about the investment climate," Hedberg said. "International interest is big. Investors are impressed both by the depth and the breadth of Stockholm startups".

Tax cuts for investors in small companies, which came into in effect on 1 December, are also giving a boost to investments, he added.

Here Hedberg identifies five exciting Stockholm companies:

Tink

With Tink services a person can follow their income and see how much money they have spent – and on what. For example, banks and credit cards can be connected to get automatic aggregation and categorization. www.tink.se

Volumental

The company has the world’s first cloud-based 3D scanner, which originally started as part of a research project at the Royal Institute of Technology, KTH. Volumental's online service lets anyone create 3D models of people, objects and rooms.www.volumental.com

Barnebys

Is a leading search service for quality auctions. Barnebys brings together high quality salesrooms and online auctions from around the world and gives access to everything from fine arts to affordable treasures for your home. www.barnebys.com

Challengera

The company's service helps firms secure the commitment and engagement of employees to any initiatives that need to be pushed. It does that by using a customized version of its cloud-based, social and gamified platform. The company has been recognized for the results it produces for Global Fortune companies as well as for SMEs. www.challengera.com

Open Ratio

Builds mobile publishing platforms, empowering agencies and enterprises to create, deploy and manage platform-independent native mobile applications with easy integration to any existing data sources. The company enables mobile publishing on a broad range of devices and platforms, even for those with no previous design or programming knowledge. www.openratio.com